CoachK3
CoachK3 OP t1_iuijw88 wrote
Reply to comment by BringItBoy in How much to save from 1099? by CoachK3
Total profit is about $1000. I don’t want to give my friend his $500 and then I get taxed on the entire amount, so I need to figure out what to pay him
CoachK3 OP t1_iuikec0 wrote
Reply to comment by BringItBoy in How much to save from 1099? by CoachK3
Hmm ok I’ll have to ask my accountant. Was hoping for a a basic % to save for taxes, but that makes sense